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Sean Coakley Acquires Industrial Property In Bronx For $1.5M

Property Image
SOLD
$17,500,000
Christopher Gillis
+ 1

New York

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Industrial840,000 SF
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Property Image
SOLD

Sean Coakley Acquires Industrial Property In Bronx For $1.5M

780 E 135th St, The Bronx, NY 10454, USA

See Similar Deals
Industrial840,000 SF
Sold
Christopher Gillis
+ 1
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$20
Total Square Footage:840000 SF
Transaction Type:Sale

The industrial property located at 715 East 136th Street & 734 East 137th Street in Bronx has been sold. The transaction took place on July 28, 2021, with a sale price of $1,500,000. The property spans a total of 7,011 square feet, resulting in a price per square foot of $213.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,500,000
  • Address: 715 East 136th Street & 734 East 137th Street
  • Market: Bronx

The buyer of the property is Sean Coakley, while the seller is Dominic Valente. The deal was facilitated by brokers Josh Neustadter and Jonathan Squires from CushWake.

Players

4 deals$84.2M volume
BROKER



3 deals$23M volume
SELLER

Details

SOLD
IMAGE: Josh Neustadter & Jonathan Squires DATE: 07/28/2021 ADDRESS: 715 East 136th Street & 734 East 137th Street MARKET: Bronx ASSET TYPE: Industrial BUYER: Sean Coakley SELLER: Dominic Valente BROKERS: Josh Neustadter & Jonathan Squires @CushWake SALE PRICE: $1,500,000 SF: 7,011 ~ PPSF: $213

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
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